Shari Academy launched LuXoculus 2017, to celebrate their Silver Jubilee, with its graduates of the Mastercraftsman Diploma course. The event was held at their brand new colaba premises. The LuXoculus 2017 was inaugurated by Kenichiro Hibi (Managing Director, Sony India Pvt. Ltd.), Hiroyuki Tokuno (Deputy General Manager, Sony India Pvt. Ltd.), Jayesh Mehta (President of AIPTIA), Chandrakant Shah (Hon. Secretary), Mukul Kashyap (Regional Sales Director Indian Subcontinent, Manfrotto), Kakubhai Kothari, Jai Shankar Sharma, Shari Senior faculty members and senior industry members. To add to the celebrations, Sony India announced 4 scholarships worth INR 7 lakhs to the top award winning students. Along with that companies like Zeiss, Manfrotto, Photoquip, Kingston and AIPTIA sponsored a combined reward for all the award winning students of over 14 lakhs (in cash and kind). On the occasion of its Silver Jubilee, Shari Academy formally announced the launch of a new course - Diploma in Digital Video Production, starting on from 14th September 2017.
Reports suggest that Samsung Electronics will be investing approximately 2 trillion yen by 2021 in order to boost the flash memory production, at its factories in Korea. Samsung intends to secure the top position in the flash memory segment, while Toshiba is still in the process of selling its flash memory business unit— Toshiba Memory. Samsung will be investing in new product lines including its latest NAND type flash memory. The company's production capacity is expected to grow twice by 2021 with this additional investment. According to Research company, IHS Technology, in 2016, Samsung grabbed the top share in the flash memory market with 35.2%, followed by Toshiba 19.3%, Western Digital 15.5%, Micron Technology 12.0%, SK Hynix 10.1% and Intel 6.9% in terms of value.
Toshiba Corp. on July 11 had a meeting with its main banks about the negotiation of the sale of its semiconductor memory business with the Japan-US-South Korea ally led by Innovation Network Corp. of Japan (INCJ). The top management of Toshiba explained the negotiation is stalemated because the ally has a difficulty on the roles of SK Hynix of South Korea, which seems to have a stronger interest in NAND type flash memory technology than the other have earlier expected because SK is behind Samsumg in the mass production for NAND memory while it has know-how in DRAM production, which lacks in Toshiba and thinks the company has a merit to join the ally and commit to Toshiba Memory’s production more aggressively. Toshiba revealed it has started to negotiate again with Western Digital and Hon Hai Precision. WD has proposed the acquisition by allying with U.S. fund Kohlberg Kravis Roberts (KKR & Co.), INCJ and Development Bank of Japan. Toshiba wants to decide the sale of Toshiba Memory by the end of March, 2018 in order to have excessive liabilities two years in a row which is to lead to the company going private.